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Committee hears agricultural outlook: concerns about fertilizer imports, aviation fuel market and distillers grains
Summary
S&P Global griculture presenter outlined commodity trends; legislators asked for data on fertilizer origins and pressed for analysis of aviation fuel and ethanol demand impacts on corn markets and excise tax receipts.
S&P Global griculture presenter Nathan Carson gave the committee an agricultural outlook that prompted lawmakers to ask for additional data on fertilizer sources, the potential market for aviation fuel made from domestic crops, and how increased distillers grains could affect livestock feed demand.
Representative Brandenburg said Brazil and other exporters are taking market share for products that could use U.S. feedstocks and urged policy responses. "The real problem in agriculture is Brazil is eating our lunch when…
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